Backed by large-scale infrastructure and port development, Can Gio is beginning to attract attention from investors. According to Savills, the area’s potential is primarily long-term and needs a strategic approach.  

As a geographically isolated district of HCMC, Can Gio has long remained underdeveloped relative to its natural assets and strategic location. With rapid changes to major investments, including the announcement of a deep-water transshipment port and a large-scale land reclamation urban project, there is a renewed interest in Can Gio’s real estate market.

Infrastructure—Unlocking Access, Enabling Growth

In January 2025, Viet Nam’s Prime Minister formally approved the investment policy for the Can Gio International Transshipment Port. With an investment exceeding VND 113 trillion (approximately US$5.5 billion), this will be one of the country’s largest maritime infrastructure projects.

Located in Go Con Cho Islet (Thanh An Commune), the 571-hectare port will be capable of handling ultra-large container vessels of up to 250,000 DWT, relieving pressure on existing ports such as Cát Lái and Hiệp Phước, and supporting HCMC’s ambition to become a key logistics hub in Southeast Asia.

Senior Manager of Research at Savills Viet Nam, Cao Thi Thanh Huong, says, “We expect this development to act as a catalyst, redirecting investment flows and accelerating economic momentum. It will lay the foundation for a new logistics and maritime corridor.”

Historically, Can Gio has been classified as a development void due to limited connectivity. Presently, accessing the district relies mainly on the Binh Khanh ferry, an increasingly incompatible mode of transportation with urbanisation. The upcoming pipeline of key infrastructure projects will address this issue.

Upcoming anticipated infrastructure updates include the Can Gio Bridge, a ferry replacement that will cut travel time from the city centre to under an hour. Other upgrades include integrating the Rung Sac Road with the Ben Luc–Long Thành Expressway and planning regional high-speed rail links to expand accessibility significantly.

Huong adds, “These infrastructure developments, particularly the Can Gio Bridge, expressway connections, and upgraded arterial roads, are critical to breaking down Can Gio’s geographic isolation.”

A Measured Outlook for Short-Term Investors

Since mid-2024, land prices in Long Hoa, Binh Khanh, and Ly Nhon have surged, and transaction activity has followed major project announcements; yet, Savills advises remaining cautious against short-term gains..

“Can Gio should be viewed through a medium- to long-term lens. Despite improving infrastructure, real demand for residential or long-stay use remains limited due to existing access and amenity constraints,” explains Huong.

In addition to its economic positioning, Can Gio possesses valuable natural assets, including an extensive mangrove ecosystem, long coastlines, and largely untapped ecological potential. If developed correctly, the district could emerge as a tourism, wellness, and eco-living destination.

Hoang continues, highlighting that “Sustainable growth is key. This means aligning real estate development with supporting infrastructure, public amenities, and job-generating zones such as ports or industrial clusters. If these conditions align with timing, Savills is confident that Can Gio real estate and the surrounding areas could see healthy long-term appreciation and mark a strategic shift for the market and the urban ecosystem.”

At a time when Viet Nam’s real estate market is undergoing structural recalibration and is hyper-focused on sustainable long-term value, Can Gio stands out as a strategic wildcard worth watching. With the right groundwork, it could become a new answer to HCMC’s urban expansion and capital reallocation needs over the next decade.